Robotic Total Station Market Size, Share, Growth Analysis, By Type(0.5'' Accuracy, 1'' Accuracy), By Application(Surveying, Engineering and Construction) - Industry Forecast 2024-2031

Global Robotic Total Station Market size was valued at USD 1.2 billion in 2022 and is poised to grow from USD 1.27 billion in 2023 to USD 1.96 billion by 2031, growing at a CAGR of 5.6% in the forecast period (2024-2031).

Robotic total station is a type of surveying equipment that is more accurate and faster than other manual surveying equipment. Increasing penetration of technology in different aspects of the construction industry is projected to bolster the adoption of robotic total stations. Rising awareness regarding the benefits associated with robotic total stations is also slated to bolster robotic total station market growth over the coming years. Robotic total stations can be controlled remotely, which also resolves the issue associated with the dearth of skilled professionals to operate the surveying equipment. Growing demand for geographic and topographic surveys around the world from archeologists and civil engineers is also forecasted to benefit the demand for robotic total stations across the forecast period.

Growing adoption of advanced and more digitally precise construction equipment is also estimated to uplift the sales of robotic total stations over the coming years. The Asia Pacific region is projected to create highly attractive new business opportunities owing to rapidly increasing urbanization and industrialization resulting in growing infrastructure development activity.